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Mar 18, 2013
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zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to the program. the latest out of cyprus, the bank tax level is still under discussion and, in fact, the country is mulling a tax free threshold for that levy on smaller deposits. now we know that over the weekend, martin schultz said eld prefer to see depositors with less than 25,000 exempted. hugo dixon said his would be likely to see under 100,000. julia chatterly spoke exclusively to the cypriotic finance minister last weekend and asked them why they had gone back on their pledge depositors would not have to help foot the bill of a bailout. >> what we did accept is an exchange of relatively smaller part of somebody's deposit once and for all with shares in an institution. this is not a very agreeable outcome, for sure, but it compares well with much more s
zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to the program. the latest out of cyprus, the bank tax level is still under discussion and, in fact, the country is mulling a tax free threshold for that levy on smaller deposits. now we know that over the weekend, martin schultz said...
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Mar 19, 2013
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i think technology represents a tremendous value. i think regional banks are still very good investment at this point in time. and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run up. even aus mentioned from the regional banks, banks have completely rerated even to where we were a year ago. do you just continue to stick with the winners, though, or is there a sense for looking for better value? >> i definitely think you look for value but you pick your spots carefully. there are some stocks that haven't participated in the regional banking area, particularly on the lower end of the cap ranges. those can be bought selectively. some of the marcellus shares are doing extremely well, but can be bought at a reasonable price. some of
i think technology represents a tremendous value. i think regional banks are still very good investment at this point in time. and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run...
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Mar 25, 2013
03/13
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blackberry is set to report earnings this thursday. >>> anapoly is adding to its list of technologies. wi-fi slam has been added to apple. it helps find locations when they are inside a building. last year, apple introduced its own mapping software to replace google's. the switch resulted in customer complaints and negative reviews to which the apple ceo tim cook has apologized. >>> now, there's still numerous unknowns about the cyprus bailout, including exactly how much depositors will have to contribute to the package. this is what happened when cnbc's julia chatterly tried to elicit a figure. >> with the operation that's you're doing with the two banks, whether you're going to try and raise the 578 billion that you originally planned to with the bank levies or whether that's changed given the recapitalizations. and second question, do you recognize that what was seen over the last week perhaps has undermined the credibility of the european project, be it future political union, be it the banking union, and what do you do about that? >> on the 5.8, i would suggest that we all forget
blackberry is set to report earnings this thursday. >>> anapoly is adding to its list of technologies. wi-fi slam has been added to apple. it helps find locations when they are inside a building. last year, apple introduced its own mapping software to replace google's. the switch resulted in customer complaints and negative reviews to which the apple ceo tim cook has apologized. >>> now, there's still numerous unknowns about the cyprus bailout, including exactly how much...
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Mar 26, 2013
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the technology will be shut down for now, but back open for business under yahoo!'s new leadership. speaking first on cnbc, louisa sat down with the 17-year-old founder and asked him why yahoo! and not apple or google. >> i'm excited about joining yahoo! because i think it's a classic internet company and it has new leadership under marissa mayer. having spent time on campus and spoken to their team, it's clear that their strategy on mobile and daily habits, news, information, weather, they have all of these assets and all they need to do now is package it up in a beautiful user experience from the mobile device. there's a real opportunity there. we see sumly fitting in beautifully to that model. >> schroeders will create an independent private wealth and banking management business. if you thought 2013 was the year of big takeovers, let's think again. the number of deals is actually falling. this is according to the latest report from power watson. let's get more. joining us is steve allen, m&a practice leader. thanks for coming in. >> thank you. >> it's interesting because we seem
the technology will be shut down for now, but back open for business under yahoo!'s new leadership. speaking first on cnbc, louisa sat down with the 17-year-old founder and asked him why yahoo! and not apple or google. >> i'm excited about joining yahoo! because i think it's a classic internet company and it has new leadership under marissa mayer. having spent time on campus and spoken to their team, it's clear that their strategy on mobile and daily habits, news, information, weather,...
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Mar 20, 2013
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so i think based on that and based on the innovations that information technology has created in lots of industries, you would expect financial services to be somewhat bigger. so i don't really know the answer to that question. i think that my predecessor, paul volcker's claim, that the only contribution to the financial industry is the automatic teller machine, might be a little exaggerated. i know that some people have that view. but, again, i don't know the answer. i think a somewhat bigger financial sector can be justified by the wider range of services and the more globalized financial and economic system that we have, but the exact number, i can't really say. >> hi, i'm jeremy. i have a follow-up question on cyprus. as a central banker, do you think it was either appropriate or fair to impose a levy on every bank deposit in cyprus, even those insured by the european union itself? thank you. >> well, i've not been involved in those conversations and i don't necessarily know of the details. so i know they're grappling with a very difficult problem. i think the issue they face is,
so i think based on that and based on the innovations that information technology has created in lots of industries, you would expect financial services to be somewhat bigger. so i don't really know the answer to that question. i think that my predecessor, paul volcker's claim, that the only contribution to the financial industry is the automatic teller machine, might be a little exaggerated. i know that some people have that view. but, again, i don't know the answer. i think a somewhat bigger...
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Mar 18, 2013
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this is game-changing technology. now, over to the oil patch and the mlppse. it's not a bad trade here. you get paid an 8% dividend. it doesn't really excite b.k. that much. but if you're in it that much. >> what a nice third person reference. >> and i love the third person. >> pete, your take on qualcomm here, pullback. seems like they're better than trying to pick the sell tablet winner. >> this is a name that's somewhat underperformed despite the 52-week highs. it's going to start to move as we get further into the year. i like what they're doing with themselves with the combination with china mobile. and luke at the p/e right now the forward p/e at a 13 it's too cheap 37. >> back to gold, this one's for tim, liked your article on gold this morning but what did you like about the charts? >> signed mom. love you, tim. >> thank you. we wrote about this op emerging money. and the chart has broke erin back above 209. the chart is 3 1/2% off the lows for the fed minutes. everyone throwing gold out the window from that low point, gold is up and it's gone higher.
this is game-changing technology. now, over to the oil patch and the mlppse. it's not a bad trade here. you get paid an 8% dividend. it doesn't really excite b.k. that much. but if you're in it that much. >> what a nice third person reference. >> and i love the third person. >> pete, your take on qualcomm here, pullback. seems like they're better than trying to pick the sell tablet winner. >> this is a name that's somewhat underperformed despite the 52-week highs. it's...
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Mar 22, 2013
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zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for cap
zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will...
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Mar 18, 2013
03/13
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♪ [ howls ] ♪ zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "squawk box", everyone. we have shown you how cyprus, the bailout story has been impacting the stock market overall. it's hitting bank stocks in particular. they are down across the board in premarket trading. cyprus would tax as part of a 10 billion euro bailout. maybe money would be coming to some of these banks where the laws are firmer and a little more set in stone. in any event you can see some of the stocks are down. citigroup down 1.8%. when we come back, the cyprus effect on the eurozone. mohammed el-erian will join us. and we'll continue our what's working series. . a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband n
♪ [ howls ] ♪ zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "squawk box", everyone. we have shown you how cyprus, the bailout story has been impacting the stock market overall. it's hitting bank stocks in particular. they are down across the board in premarket...
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Mar 20, 2013
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technology for a little while. how is that partnership with square going, howard? >> really well. we made a $25 million investment in square, because of the seismic change in technology, and specifically, smartphones. we are now the leading retailer and consumer brand in the world in terms of mobile payment transactions, over 3 million a week. and that has enhanced the customer service and also produced significant incrementalty as, as well. so we are, i think, a very enthusiastic about global haven, our partnership with square, and these are var early days of what we're ultimately going to be able to do. >> i'm going to come back to this, because i'm wonder ing if there is a learning curve that your folks need to get trained on in terms of really utilizing square. i was reading a story early, that some people had had trouble with it. but i think that square partnership is just so smart. the whole idea of square, i think, is so smart. but let me ask you about that shareholder vote on a potential ban on making any p
technology for a little while. how is that partnership with square going, howard? >> really well. we made a $25 million investment in square, because of the seismic change in technology, and specifically, smartphones. we are now the leading retailer and consumer brand in the world in terms of mobile payment transactions, over 3 million a week. and that has enhanced the customer service and also produced significant incrementalty as, as well. so we are, i think, a very enthusiastic about...
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Mar 21, 2013
03/13
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zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster truck or dune buggy! you can't have the same car as me! [ male announcer ] now everyone's going to want one. let's get a jetta. [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a jetta. that's the power of german engineering. right now lease one of four volkswagen models for under $200 a month. visit vwdealer.com today. >>> >>> the amount of land being set aside to grow wheat, corn and soy is this year expected to be the largest since the early years of the reagan administration. tha
zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster...
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Mar 18, 2013
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the fundamental technology has not been updated. the way you interact with your phone has t not changed very much. apple needs something new but it's not clear that what's new is going to come from apple. >> is this the guy -- is this the company that stock went from $125 to $6? and now they're at $15 and they think they're innovators. are you serious? of all people. yeah, maybe it could use a little spruce up. this is serious. it's going to get better and better and it's going to talk to you. in five years 20% of apple users are going to name siri as their best friend. >> i think apple is going -- >> it works fine, the iphone. >> working fine isn't good enough. it needs to work better. i think apple asked the people, they may be able to do it. i don't think the new technology is going to come from blackberry though. but it could dprom someone we've never even heard of yet. >> guys, thanks very much. terrific. we'll be back in just a minute with a final check on the markets. they are holding in pretty well. down just 22 on the dow r
the fundamental technology has not been updated. the way you interact with your phone has t not changed very much. apple needs something new but it's not clear that what's new is going to come from apple. >> is this the guy -- is this the company that stock went from $125 to $6? and now they're at $15 and they think they're innovators. are you serious? of all people. yeah, maybe it could use a little spruce up. this is serious. it's going to get better and better and it's going to talk to...
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Mar 25, 2013
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zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> we do have -- let's get that screen pop up there in front of us, it's coming slowly by surely. the dow would open up 76 points higher, nasdaq up 17 points and the s&p 500 up almost 10 points all as a result of this deal in cyprus, i would imagine. apple is buying slam to buy identification technology with a user is inside a building. apple's mapping software has been criticized for misguiding directions and incurrent landmarks. this apparently could help that. >>> attention corporate boards this morning, jeff sonnenfeld knows what you need. >> good morning. how are you? >> good morning. how are you? >> you have a new paper and we also have news of this dell transaction and now we have black stone and carl icahn running around. but the big issue is what does michael dell do
zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> we do have -- let's get that screen pop up there in front of us, it's coming slowly by surely. the dow would open up 76 points higher, nasdaq up 17 points and the s&p 500 up almost 10 points all as a result of this deal in cyprus, i would...
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Mar 21, 2013
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zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to the program. a contentious atmosphere where the our row group chair is speaking in moscow taking questions from at times a hostile crowd being pushed on to the response the european union has had thus far with regard to the cypress issue. by the way, criticism coming not just from the people at that gathering, but from fitch which is slamming the way the eu has handled this. and essentially in a press release talking about how it brings into focus the cost of policymakers muddling through approach to the eurozone crisis saying each sovereign and bank crisis is prompting an ad hoc response, exacerbating uncertainty and financial instability. they say there are no meeting implications for sovereigns. but with a statement like t
zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to the program. a contentious atmosphere where the our row group chair is speaking in moscow taking questions from at times a hostile crowd being pushed on to the response the european union has had...
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Mar 21, 2013
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let's move to the technology region. let's go through the debates settled offline earlier today. based on the votes, google topped oracle. apple beating out yahoo. ibm knocking out oracle after the company's big earnings miss last night. but the score to be settled tonight is between microsoft and qualcomm. so let's get to the traders in this very tough fight. where do you go? >> you think you know me and you think i'm going qualcomm which i've loved for a while. but this is who will be better going forward? i think mr. softie, which is trading around 28 bucks will be side wis to slightly higher action, whereas qualcomm at 65 can move lower. >> qualcomm is going to go lower and microsoft will remain range bound -- >> that's what i'm talking about. >> i got to agree. if there's anything that's range bound, it's microsoft. i know this, as a long-time shareholder. the valuation is absurd. doesn't matter. risk reward if the market comes in, better off in microsoft. >> do you think the market will come in and microsoft will be the better bet? >> i go with microsoft because i specializ
let's move to the technology region. let's go through the debates settled offline earlier today. based on the votes, google topped oracle. apple beating out yahoo. ibm knocking out oracle after the company's big earnings miss last night. but the score to be settled tonight is between microsoft and qualcomm. so let's get to the traders in this very tough fight. where do you go? >> you think you know me and you think i'm going qualcomm which i've loved for a while. but this is who will be...
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Mar 19, 2013
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zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> you're >> you're watching cnbc's "squawk on the street." we are watching the financial capital of the world where the opening bell is set to ring in 45 minutes and we are indicating to have an up day across the board on wall stree
zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money....
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Mar 26, 2013
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zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >>> we all know warren buffett is well nope for his shrewd deals. now there's the latest in which he will become one of the goldman sachs largest shareholders, and it didn't cost him a thing when all was said and done. mary thompson with details. >> that's what you call sweet payback. in the depths of the financial crisis, buffett threw goldman a life line. getting warren to buy $5 billion of stock in the future. with goldman having purchased the preferred stock, the two sides now amending the second part of that deal. the new agreement saving buffett from
zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >>> we all know warren...
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Mar 19, 2013
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. >> some of the risk-on sectors like technology are underperforming. take a look at the nasdaq. we're down 30 points on the day. a lot of focus on apple. that stock down more than 1%. today, one year back, apple announced its first dividend in 17 years. within tech, apple was the largest dividend payer in 2012. keep in mind the ratio with the earnings that it pays -- how much of the earnings it spent on its dividend is lower than the average of these foreign names, intel, ibm, cisco. back to you. >> let's go to josh lipton. >> sue, some headlines we want to bring you up to speed on. welsh holding has joined the bid to advise on a potential deal. that's why kkr and they have teamed up for a joint deal. roche is continuing its interest in gene sequencing. sue, back to you. >> thank you very much, josh. to the bond market now where all of the worries about europe and cyprus fell a little bit. rick santelli is here with the details. hi, rick. >> hello. you can see we're under 190. we haven't closed under 190 in two weeks. we're down seven basis points on the day. let's go to europe,
. >> some of the risk-on sectors like technology are underperforming. take a look at the nasdaq. we're down 30 points on the day. a lot of focus on apple. that stock down more than 1%. today, one year back, apple announced its first dividend in 17 years. within tech, apple was the largest dividend payer in 2012. keep in mind the ratio with the earnings that it pays -- how much of the earnings it spent on its dividend is lower than the average of these foreign names, intel, ibm, cisco....
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Mar 22, 2013
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additionally, in the technology space we have pretty good sized positions in google which is perked up on a year to date basis but we think is getting back on track. 12 months ago that was fairly controversial. it's not nearly so controversial now. >> all right. greg, you don't know offhand whether any of those companies are -- have open board seats, do you? >> no, i don't. i'm not aware of that. >> okay. just wondering. >> you have the science background. >> just let me know. see you later. >> nice to talk to you. >> we're on break. altman. did you do that just for me? >> i was hoping he would. >> talking about all the boards. you're just throwing it in my face. >> you were talking about corporate boards. there are probably many noncorporate boards that would be interesting in having you. >> that you could be on, that wouldn't be a conflict. >> there are some veterinary clinics probably in mexico. >> up next, money madness continues. number 2 general electric set to take on number 3 wells fargo. which of these stocks do you think will be a better performer the rest of the year? log to
additionally, in the technology space we have pretty good sized positions in google which is perked up on a year to date basis but we think is getting back on track. 12 months ago that was fairly controversial. it's not nearly so controversial now. >> all right. greg, you don't know offhand whether any of those companies are -- have open board seats, do you? >> no, i don't. i'm not aware of that. >> okay. just wondering. >> you have the science background. >> just...
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Mar 21, 2013
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>> 80% smaller companies, 2,000 technology companies. >> then you need to go back because small business hates this. small business is now going to have to pay taxes when they go overs transom from state to state. they're going to have to set up whole departments which they cannot afford in order to do the record keeping. >> that's not true. >> redstate.com, eric eriksson has done some great research on this. >> mom and pop retailers want to see this because they can't compete with internet retailers that have an unfair 5% to 10% advantage and they're not paying tax they don't have the cost of the brick and mortar and hiring local employees. if we want to see empty malls -- >> why do they want to be tax collectors? >> because those internet retailers are using the roads and the traffic and the firemen and policemen and getting protection -- >> that's a big government argument. i'll give you the last word, grover. >> larry, i served on a commission that looked at this more than ten years ago and we voted overwhelmingly not to tax the internet because the so-called fairness argument was no
>> 80% smaller companies, 2,000 technology companies. >> then you need to go back because small business hates this. small business is now going to have to pay taxes when they go overs transom from state to state. they're going to have to set up whole departments which they cannot afford in order to do the record keeping. >> that's not true. >> redstate.com, eric eriksson has done some great research on this. >> mom and pop retailers want to see this because they...
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Mar 26, 2013
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we're finding opportunities in the technology area. and specifically not in the commercial banks, but in the financial services industry on the edges of the commercial banks. >> you have big exposure in the financials. you think that that's a sector that goes higher? >> yes, i do. there are a lot of opportunities there. and there are a lot of companies that have very good business models, and they've kind of been tainted with some of the bad business models that the financial crisis exposed as not being so robust. >> interesting that you recently increased their weighting in apple. we talk about that stock almost every day at cnbc trying to figure out what the next move is going to be. why are you so optimistic now is the right time to add to those shares? >> well, that's a great question. you know, everybody's talking about the market hitting new highs and how much it's rallied. apple is down roughly 35% from its peak of 705 mid-year last year. we've owned apple for over a couple years now. our value has built steadily while we've own
we're finding opportunities in the technology area. and specifically not in the commercial banks, but in the financial services industry on the edges of the commercial banks. >> you have big exposure in the financials. you think that that's a sector that goes higher? >> yes, i do. there are a lot of opportunities there. and there are a lot of companies that have very good business models, and they've kind of been tainted with some of the bad business models that the financial crisis...
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Mar 20, 2013
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zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> >>> now the tiny island of cyprus' finance minister is appealing to russia for help. fresh off talks this morning, negotiations were constructive but no deal has been struck for a loan or further aid at this time. steve sedgwick spoke with the finance minister after that meeting. here's what he had to say. >> a very good first meeting. very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we will get -- we hope we'll get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way
zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> >>> now the tiny island of cyprus' finance minister is appealing to russia for help. fresh off talks this morning, negotiations were constructive but no deal has been struck for a loan or further aid at this time. steve sedgwick spoke with...
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Mar 22, 2013
03/13
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CNBC
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the big movener tech, mike ron technology, the best performing stock on the s&p tech index as well as the nasdaq 100. the company reported a quarterly net loss but they are getting the street excited. revenue and volume came in sharply higher year over year. multiple analysts, jeffrey's, you'll upping their price target on shares of mike ron, that stock up 60% year to date. simon, back to you. >> should mention shares of blackberry that are higher today as u.s. customers for the first time get their chance to get their hands physically on the new blackberry z-10 device. cnbc's jackie d'angelis is live in new york, just trying to gauge the degree of demand. where are we at the moment with that? >> hey, simon. well, close to the end of lunchtime here. only sold 12 phones at this location roughly so far. this is really a make-or-break moment for blackberry. looking to try to hit it out of park with the z-10 advice. i do have to say this device was available for pre-orders so a lot of people could be getting theirs in the mail just to be fair. the z-10 is blackberry's device looking to co
the big movener tech, mike ron technology, the best performing stock on the s&p tech index as well as the nasdaq 100. the company reported a quarterly net loss but they are getting the street excited. revenue and volume came in sharply higher year over year. multiple analysts, jeffrey's, you'll upping their price target on shares of mike ron, that stock up 60% year to date. simon, back to you. >> should mention shares of blackberry that are higher today as u.s. customers for the first...
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Mar 25, 2013
03/13
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CNBC
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isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>> let's get an early read on retail sales for the z10. citigroup says a z10 recovery for blackberry's business is, and jim joinings us now from san francisco. the price target is their 6 a share. always good to see you. you never bought into the hype of the z10 from the get go. what do you see in terms of sales. >> the stock has been going up and it's been up year to date and a lot of hype around the company and we found that it's extremely difficult because the competitive nature seems to be getting more and more fierce. we found the initial launch to be disappointing. it was good in europe and good in canada, but in the united states most of the store reps weren't even trained and most of the sell through was not what people were expecting. >> and that echoes wh
isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>> let's get an early read on retail sales for the z10. citigroup says a z10 recovery for blackberry's business is, and jim joinings us now from san francisco. the price target is their 6 a share. always good to see...
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Mar 18, 2013
03/13
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CNBC
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with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yesyou could. go national. go like a pro. a new ride comes along and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. >> breaking news within the last half hour, home builder sent i want dropping for the third straight month. meritage homes has been making a push to expand its building locations in the southeast regional market an
with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a...
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Mar 19, 2013
03/13
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CNBC
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it's a new technology. it's being introduced. >> would you want your passengers flying on those planes? >> i would have no difficulty. they love boeing. we in ireland love being. they have been making great aircraft. everyone will have forgotten there was a legitimate up battery on the 787. meanwhile, they are still making a aircraft in record numbers. it is missed by some of the market. boeing are delivering record numbers of aircraft. 737 record deliveries. >> right. >> the stock has hung on 678. >> famously said you want to reduce the number in your airplanes down to one. are you going to do that on these new boeing planes? >> unfortunately, arianna, they won't let me. i keep trying to take out the two rear toilets and add seats. there is a fuddy duddy in the faa saying you can't have six extra seats because that would lower the airfare again. >> we had bill miller last week. he said stocks for the first time now poised to take off, if they haven't already, and now that there really is no competition thi
it's a new technology. it's being introduced. >> would you want your passengers flying on those planes? >> i would have no difficulty. they love boeing. we in ireland love being. they have been making great aircraft. everyone will have forgotten there was a legitimate up battery on the 787. meanwhile, they are still making a aircraft in record numbers. it is missed by some of the market. boeing are delivering record numbers of aircraft. 737 record deliveries. >> right....
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Mar 20, 2013
03/13
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CNBC
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is the technology the best that it can be? are you getting the money that you need toward the television innovation, for example? >> we're very confident in what is happening in the television wear and the best example of that right now is not only are we introducing tvs that enable you to access and cure eight content and learns what you want and gives you suggestions on it, but we're also providing a future-proof solution. so we introduce this next month, an evolution kit that basically enables you to bring the benefits of the 2013 of it into your 2012 tv. that's innovation. >> why wouldn't you want consumers to go out and buy a 2013 tv? we want them to do that, but how many times have you made a purchase and a significant purchase, several thousand dollars and six weeks later you hear about the newest thing? >> these days, six minutes later and the average life of a television is five or six years so we want to provide those consumers a multi-year upward, upgrade path and it gives you the benefits of the 2013 tv. >> do you
is the technology the best that it can be? are you getting the money that you need toward the television innovation, for example? >> we're very confident in what is happening in the television wear and the best example of that right now is not only are we introducing tvs that enable you to access and cure eight content and learns what you want and gives you suggestions on it, but we're also providing a future-proof solution. so we introduce this next month, an evolution kit that basically...
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Mar 20, 2013
03/13
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CNBC
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a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. you'll only find sleep number at one of our over 400 stores nationwide. where queen mattresses start at just $699. and right now enjoy the lowest prices of the season on our most popular bed sets. sleep number. comfort individualized. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. let's get let's get down to the new york stock exchange where mr. kraemer joans us now. >> i have scott wapner here. >> what do you think? >> fedex became a very loved stock. it just became so overloved that people are surprised when people are trading down a little bit. i think fedex is a buy probably in the mid-90s, not here. >> what else do you like this morning? >> i liked laura alber. i think the williams sonoma is amazing. remember, that stock is not cheap and they are hitting the
a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. you'll only find sleep number at one of our over 400 stores nationwide. where queen mattresses start at just $699. and right now enjoy the lowest prices of the season on our most popular bed sets. sleep number. comfort individualized. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our...
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Mar 21, 2013
03/13
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zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome >>> welcome backing everybody. the senate has approved a bill to avert a government shutdown next week. that legislation goes back to the house today where it is expected to pass. it would keep the government agencies and programs funded through the end of the fiscal year. also, a federal watch dog is faulting freddie mac. it is said to have failed to properly resolve serious consumer complaints that could involve possible fraud for improper foreclosures. >>> jc penney said it is fixing its performance. it could take more time than initially believed. i know it's a shocker more everybody. in that jc penney report it said in the report that it filed yet any change in its strategy to be expensive. they are trying lure back shoppers tha
zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome >>> welcome backing everybody. the senate has approved a bill to avert a government shutdown next week. that legislation goes back to the house today where it is expected to pass. it would keep the...